Wednesday, April 1, 2009

Latest News by ashok Hindocha

Pay revision: The cabinet, headed by Prime Minister Manmohan Singh, approved a proposal to merge 78.2 per cent of dearness allowance (DA) with basic pay as against the 68.8 per cent DA merger announced in November last year as recommended by GoM. As a result, the total emolument on a basic pay of Rs. 100 would become Rs. 231.66 after considering 30 per cent fitment on basic pay plus DA and differential pay (DP). In the previous decision, this came to Rs 219.4. HRA will be effective from the date of issue of order by DPE i.e 26.11.08. Remember the struggle never goes in vain. Eventually after three months of fight by oil sector and grand show of solidarity by ‘Forum In Defense of CPSUs’, finally the government has yielded to the valiant fight put up by our oil sector comrades.

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